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Araceli Esperanza
Araceli Esperanza is a 26 year old woman who feels fulfilled from having such a close family. For three years, she has operated a store as her main source of income. When she started her business, Araceli had the support of her husband who was responsible for managing their savings. She began buying certain products and gradually increased her business to the point that she was able acquire a wider variety of merchandise that her customers requested.


This loan will be used to buy candy, bread, cookies, soft drinks, detergents, soap, and basic grains. She wants to improve her service each day so that she can attract more customers.

View original language description ↓
Araceli Esperanza tiene 26 años, es una mujer que se siente realizada al tener una familia unida. Hace más de 3 años se dedica a la pulpería, siendo sus principales fuentes de ingresos económicos. Cuando inicio pues con la ayuda de su esposo que mantuvieron de sus ahorros, logro empezar a comprar ciertos productos así fue poco a poco creciendo su negocio y tuvo la oportunidad de comprar una amplia variedad de productos que sus clientes le solicitan. El financiamiento es para golosinas, pan, galletas, refrescos, detergentes, jabón y granos básicos. Desea mejorar cada día aun más su atención para aumentar su clientela.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

About Nicaragua

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,553,900
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Araceli Esperanza purchase merchandise for her store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2010
Listed
May 25, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011